Position; Duties. (a) During the Employment Term (as hereinafter defined), the Executive shall serve as the President and Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as Chairman. In this capacity, the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, and such other duties, authorities and responsibilities as the Board shall designate that are consistent with the Executive’s positions. The Executive shall report to the Board. (b) During the Employment Term, the Executive shall devote all of his business time, energy and skill and his best efforts to the performance of his duties with the Company; provided, however, that the foregoing shall not prevent the Executive from (i) serving on the board of directors of non-profit organizations and, with the prior written approval of the Board, other companies, (ii) participating in charitable, civic, educational, professional, community or industry affairs or (iii) managing his and his family’s passive personal investments so long as such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflict.
Appears in 3 contracts
Sources: Executive Employment Agreement (P&f Industries Inc), Executive Employment Agreement (P&f Industries Inc), Executive Employment Agreement (P&f Industries Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 3 contracts
Sources: Employment Agreement (American Surgical Holdings Inc), Employment Agreement (American Surgical Holdings Inc), Employment Agreement (Applied Spectrum Technologies Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Board. The Executive shall obey the lawful directions of the Board and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 3 contracts
Sources: Employment Agreement (Sino Cement, Inc), Employment Agreement (JINHAO MOTOR Co), Employment Agreement (Allstar Restaurants)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and Chief Executive Officer an employee of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, Internet and advertising companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report to obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (Adex Media, Inc.), Employment Agreement (Adex Media, Inc.)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Financial Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Board. The Executive shall obey the lawful directions of the Board and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, providedthat such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (China Pediatric Pharmaceuticals, Inc.), Employment Agreement (Virtual Closet, Inc.)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the BoardBoard of Directors. The Executive shall obey the lawful directions of the Board of Directors to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (TJS Wood Flooring, Inc.), Employment Agreement (NXT Nutritionals Holdings, Inc.)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the a Vice President and Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (Applied Spectrum Technologies Inc), Employment Agreement (Applied Spectrum Technologies Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and President, Chief Executive Officer and a member of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompanies. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Companies (the “Board”) shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the BoardBoard of the Companies.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote substantially all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; providedCompanies, however, that provided the foregoing shall will not prevent the Executive from (i) serving on the board of directors of non-profit organizations and, with the prior written approval of the Board, other companies, (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere with his duties hereunder. [The Executive may serve on the board of directors or conflict advisory committees of for-profit entities with the performance prior written consent of his duties hereunder or create a potential business conflictthe Board.]
Appears in 2 contracts
Sources: Employment Agreement (King Capital Holdings Inc), Employment Agreement (BTX Holdings Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer and President of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Board. The Executive shall obey the lawful directions of the Board and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, providedthat such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (Velvet Rope Special Events, Inc.), Employment Agreement (Virtual Closet, Inc.)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and Chief Executive Officer & Chairman of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the BoardBoard of Directors. The Executive shall obey the lawful directions of the Board of Directors to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (Voiceserve Inc), Employment Agreement (Voiceserve Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the BoardBoard of Directors. The Executive shall obey the lawful directions of the Board of Directors to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 2 contracts
Sources: Employment Agreement (Voiceserve Inc), Employment Agreement (Voiceserve Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Operating Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to Chairman the Board of Directors. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (China Advanced Construction Materials Group, Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the a Vice President and Chief Executive Officer of Marketing of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Applied Spectrum Technologies Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Non Executive shall serve as the President and Chief a Non Executive Officer Chairman of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Non Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Non Executive shall report directly to the Chief Executive Officer. The Non Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Non Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Non Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Non Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Non Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, providedthat such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Fortress Financial Group, Inc. / WY)
Position; Duties. (a) During the Employment Term (as hereinafter defined)Term, the Executive shall serve as the President and Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), ChairmanCompany’s [Position]. Executive has currently been elected as Chairman. In this capacityAs [Position], the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities duties and responsibilities as the Company’s [Board of Directors (the “Board”) // Chief Executive Officer] shall designate that are consistent with the Executive’s positionsposition as [Position]. The Executive shall report to the Board.
(b) During the Employment Term, the Executive shall devote all of his business time, energy and skill and his use the Executive’s best efforts to perform faithfully and efficiently the duties and responsibilities assigned to the Executive hereunder and devote [all OR at least %] of the Executive’s business time (excluding periods of paid time off and other approved leaves of absence) to the performance of his the Executive’s duties with the Company; provided. Notwithstanding the foregoing, however, that the foregoing nothing shall not prevent the Executive from (i) serving on the board of directors of non-profit organizations and, with the prior written approval of the Board, other companies, (ii) participating in a reasonable amount of charitable, civic, educational, professional, community or industry affairs or, with prior written approval of the Board, serving on the board of directors or (iii) managing his and his family’s passive personal investments so long as advisory boards of other companies or [INSERT IF APPLICABLE EXCEPTIONS FOR CONSULTING, OTHER EMPLOYMENT]; provided that any such activities in the aggregate or services do not materially (i) create a conflict with the Executive’s employment hereunder; (ii) interfere or conflict with the performance of his duties hereunder duties; or create a potential business conflict(iii) violate the terms of Section 9 of this Agreement.
Appears in 1 contract
Sources: Securities Purchase Agreement (Cleveland Biolabs Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, providedthat such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Fortress Financial Group, Inc. / WY)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the a Vice President and Chief Executive Officer of Operations of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Applied Spectrum Technologies Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and Chief Executive Officer a Controller of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (iexcept as a representative of the Company or with consent in writing of the Board) serving on the board of directors of non-profit organizations andbe directly or indirectly engaged or concerned in any other business activity, except with the prior written approval of the BoardChief Executive Officer. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (American Surgical Holdings Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and Chief Executive Operating Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Board. The Executive shall obey the lawful directions of the Board and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, providedthat such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Velvet Rope Special Events, Inc.)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the a Vice President and Chief Executive Officer of Technology of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to the Chief Executive Officer. The Executive shall obey the lawful directions of the Board, the Company's Chief Executive Officer and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (Applied Spectrum Technologies Inc)
Position; Duties. (a) During the Employment Term (as hereinafter defineddefined in Section 2 below), the Executive shall serve as the President and a Chief Executive Officer of the Company and, if elected by the Board of Directors of the Company (the “Board”), Chairman. Executive has currently been elected as ChairmanCompany. In this capacity, capacity the Executive shall have such duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities of persons in similar capacities in similarly sized companies, companies and such other duties, authorities reasonable duties and responsibilities as the Board of Directors of the Company (the "Board") shall designate that are consistent with the Executive’s positionsdesignate. The Executive shall report directly to Chairman the Board of Directors. The Executive shall obey the lawful directions of the Board, and any other senior executive of the Company to whom the Executive reports and shall use his diligent efforts to promote the interests of the Company and to maintain and promote the reputation thereof.
(b) During the Employment Term, the Executive shall use his best efforts to perform his duties under this Agreement and shall devote all of his business time, energy and skill and his best efforts to in the performance of his duties with the Company; provided, however, that the foregoing . The Executive shall not prevent during the Executive from Employment Term (i) serving on except as a representative of the board of directors of non-profit organizations and, Company or with the prior written approval consent in writing of the Board) be directly or indirectly engaged or concerned in any other business activity. Notwithstanding the foregoing provisions, other companies, the Executive is not prohibited from (ii1) participating in charitable, civic, educational, professional, professional or community or industry affairs or serving on the board of directors or advisory committees of non-profit entities, and (iii2) managing his and his family’s passive 's personal investments so long as investments, in each case, provided that such activities in the aggregate do not materially interfere or conflict with the performance of his duties hereunder or create a potential business conflicthereunder.
Appears in 1 contract
Sources: Employment Agreement (China Advanced Construction Materials Group, Inc)